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    Archives

    Monthly Archive for: "Agosto, 2019"
     Lisbon tower in €30 million refit
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    By Fernando Caetano
    In News
    Posted 14 Agosto, 2019

    Lisbon tower in €30 million refit

    A tower block in Lisbon’s Amoreiras district is to be totally revamped at a cost of €30 million. ‘A’ Tower – Urban Feel’ is the name of the project which will be built over the next 18 [...]

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     Portuguese gold reserves gain €2,7Bn
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    By Fernando Caetano
    In Original
    Posted 14 Agosto, 2019

    Portuguese gold reserves gain €2,7Bn

    The increase in gold prices to a seven year high owing to investor jitters over a global economic slowdown has added a staggering €2,7Bn onto the value of Portugal’s gold reserves. The 382,5 [...]

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     BCP loses 10% share value as investors advised to buy
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    By Fernando Caetano
    In News
    Posted 14 Agosto, 2019

    BCP loses 10% share value as investors advised ...

    Now might be the right time to snap up shares for a song in one of Portugal’s largest private banks Millennium BCP which has seen a 10% wipeout in share value this year according to brokers. [...]

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     Portugal runs dry in lorry driver dispute
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    By Fernando Caetano
    In News
    Posted 14 Agosto, 2019

    Portugal runs dry in lorry driver dispute

    Over 14% of petrol filling stations are dry on day three of a lorry drivers strike which is holding the nation’s economy hostage. By 8.15am on Wednesday morning 545 filling stations didn’t have a [...]

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     Who are the new people changing the face of Lisbon?
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    By Fernando Caetano
    In News, Property
    Posted 14 Agosto, 2019

    Who are the new people changing the face of Lis...

    The personalities in the Lisbon property market have gone through a complete makeover in the last five years. None of the British, Spanish and Portuguese investors who were active in Portugal [...]

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     Record year for car component exports
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    By Fernando Caetano
    In News
    Posted 12 Agosto, 2019

    Record year for car component exports

    Portugal’s 265 factories that churn out car components hit an all-time production record in terms of exports in the first half of 2019. The absolute record for the first half of 2019 translated [...]

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     Plasticband buys Cintexpor
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    By Fernando Caetano
    In News
    Posted 12 Agosto, 2019

    Plasticband buys Cintexpor

    The orbital strapping and wrapping firm Plasticband has increased its foothold in Portugal through the purchase of Portuguese firm Cintexpor. Plasticband is the European leader in the production [...]

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     Bank of Portugal strips licence from Orey Financial
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    By Fernando Caetano
    In News
    Posted 12 Agosto, 2019

    Bank of Portugal strips licence from Orey Finan...

    The Bank of Portugal has announced that it has stripped its licence from Orey Financial to operate as a financial institution. The decision was published over the weekend because it does not [...]

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     Banco Best profits up 6% to €2.3M in Q1
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    By Fernando Caetano
    In News
    Posted 12 Agosto, 2019

    Banco Best profits up 6% to €2.3M in Q1

    Banco Best saw net profits of €2.3 million in the first half of the year, an increase of 6% on the same period in 2018. In its mid-year results published on Monday, Banco Best highlights [...]

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     Fort to be sold for development
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    By Fernando Caetano
    In News
    Posted 9 Agosto, 2019

    Fort to be sold for development

    The Government is to allow investors to place tenders to develop a 14th century naval fortress at Caminha. A 50-year concession will be up for grabs to run the Forte da Ínsua which was built [...]

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